Tpi Polene PCL (BKK:TPIPL) Interest Coverage : 1.65 (As of Dec. 2024)

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What is Tpi Polene PCL Interest Coverage?

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. Tpi Polene PCL's Operating Income for the three months ended in Dec. 2024 was ฿959 Mil. Tpi Polene PCL's Interest Expense for the three months ended in Dec. 2024 was ฿-580 Mil. Tpi Polene PCL's interest coverage for the quarter that ended in Dec. 2024 was 1.65. The higher the ratio, the stronger the company's financial strength is.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Tpi Polene PCL interest coverage is 1.86, which is low.

The historical rank and industry rank for Tpi Polene PCL's Interest Coverage or its related term are showing as below:

BKK:TPIPL' s Interest Coverage Range Over the Past 10 Years
Min: 0.07 Med: 1.9 Max: 4.43
Current: 1.86

BKK:TPIPL's Interest Coverage is ranked worse than
83.77% of 302 companies
in the Building Materials industry
Industry Median: 6.355 vs BKK:TPIPL: 1.86

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Tpi Polene PCL Interest Coverage Historical Data

The historical data trend for Tpi Polene PCL's Interest Coverage can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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Tpi Polene PCL Interest Coverage Chart

Tpi Polene PCL Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Coverage

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2.79

4.15

4.43

2.74

1.77

Tpi Polene PCL Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Interest Coverage	Get a 7-Day Free Trial															1.68	1.89	2.21	1.69	1.65

Competitive Comparison of Tpi Polene PCL's Interest Coverage

For the Building Materials subindustry, Tpi Polene PCL's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Tpi Polene PCL's Interest Coverage Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Tpi Polene PCL's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Tpi Polene PCL's Interest Coverage falls into.

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Tpi Polene PCL Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage

-1

Operating Income

Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt ⁽¹⁾.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Tpi Polene PCL's Interest Coverage for the fiscal year that ended in Dec. 2024 is calculated as

Here, for the fiscal year that ended in Dec. 2024, Tpi Polene PCL's Interest Expense was ฿-2,381 Mil. Its Operating Income was ฿4,221 Mil. And its Long-Term Debt & Capital Lease Obligation was ฿65,683 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Dec. 2024 )	/	Interest Expense (A: Dec. 2024 )
	=	-1	*	4220.982	/	-2380.853
	=	1.77

Tpi Polene PCL's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the three months ended in Dec. 2024, Tpi Polene PCL's Interest Expense was ฿-580 Mil. Its Operating Income was ฿959 Mil. And its Long-Term Debt & Capital Lease Obligation was ฿65,683 Mil.

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2024 )	/	Interest Expense (Q: Dec. 2024 )
	=	-1	*	958.52	/	-579.693
	=	1.65

The higher the ratio, the stronger the company's Financial Strength is.

Tpi Polene PCL (BKK:TPIPL) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .

Tpi Polene PCL Interest Coverage Related Terms

Thank you for viewing the detailed overview of Tpi Polene PCL's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.

Tpi Polene PCL Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Tpi Polene PCL (BKK:TPIPL) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

NVP6:Germany

Address

Chan Tat Mai Road, 26/56, TPI Tower, Tungmahamek, Sathorn, Bangkok, THA, 10120

Website

https://www.tpipolene.co.th

Tpi Polene PCL is a manufacturer of cement and cement-related products. The company's offerings include cement, mortar, low-density polyethylene plastics resin, ethylene vinyl acetate, solar cell encapsulants, concrete and concrete tiles, and fiber cement, among others. Further, TPI Polene manufactures and distributes ammonium nitrate and nitric acid through associated companies and provides life insurance services. The company operates in the following reportable segments; Construction Materials, Petrochemical & Chemicals, Energy & Utilities, and Agriculture. A majority of its revenue is generated from the Construction Materials segment. Geographically, it derives maximum revenue from Thailand and the rest from China, Bangladesh, Australia, India, Philippines, and other regions.

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